Morning thoughts provide precise shots at low positions
Bitcoin at 67800, looking up to 69000, successfully capturing a thousand-point space!
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Bitcoin has been continuously bearish on the daily level, hitting a low near 66800, and then rebounding strongly back above 68000.
In the 4-hour structure chart, the K-line has been consistently declining, piercing through 67000 but quickly recovering, and forming a doji with a long lower shadow, indicating a stop-loss signal has been given. Those looking to buy the dip can enter now, as the overall market might start to counterattack. The intraday strategy suggests buying on the dip.
Bitcoin 67800-67500 buy zone, target 69000-69800.
Regardless of market fluctuations, be sure to set stop-loss orders to avoid being trapped.
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